Liberty County can expect the largest share of 100 new jobs when a rug manufacturer locates a plant in the Midway Industrial Park. The Liberty County Development Authority board authorized inducements Tuesday for what they are calling Project Steppenwolf.
The firm will receive tax breaks estimated to be worth $1.2 million over 10 years on the land and building in Midway as well as a $175,000 abatement on machinery and equipment taxes.
The Project Steppenwolf deal is not yet complete but officials expect a quick closing. LCDA’s chairman, Hinesville Mayor Allen Brown, was authorized to execute documents for the project.
The estimated annual payroll for Liberty County will be $1.3 million according to an LCDA analysis. An estimate of jobs shows five percent will be from Long County; other counties are included with Chatham County the largest after Liberty with 13 percent. Total annual payroll will be $2.9 million and the average wage will be $14 hourly, according to estimates.
Economists apply a numerical multiplier to manufacturing job figures to show the effect of service jobs and other benefits generated by growth. Applying a middle-of-the-road multiplier of 3.0 would mean a total impact to Liberty County of $5.6 million, according to LCDA officials.
With details still pending the authority is not releasing the name of the rug manufacturer, an international company with 11 sites in Belgium and Turkey as well as the United States. It employs more than 4,000 people worldwide.
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